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Take Time to Plan Your Estate 
By Paul D. Brick, CPF®
 Stambaugh Ness Financial Strategies

If you're like most people, you've probably delegated estate planning to the realm of things to be done "someday." Most people dislike confronting their own mortality, but proper estate planning accomplishes two major objectives - it ensures that your wealth is distributed according to your wishes and it can reduce the payment of federal and state estate taxes.

By formally planning your estate, you will review many different areas, such as:

 Is your will up to date and does it dispose of your assets in the most efficient manner?

 Have you made proper provisions for minor children, including naming guardians and providing for their support?

 Should you consider a living trust to prevent your assets from going through probate?

 Are you distributing your assets in the most tax-efficient way possible? Should all of your assets be distributed to your spouse?

 Are there other types of trusts that are appropriate for your situation?

 Should you have a formal gift-giving program so that you take advantage of the ability to make annual gifts to any number of individuals without paying taxes?

Estate planning is a complex subject requiring the advice of your legal expert to ensure that appropriate strategies are used. We can review your estate planning needs. Please feel free to contact Paul at 717-757-6999 or 800-745-8233 or by using the email form below.

Securities offered through 1st Global Capital Corp.  Member NASD SIPC   Investment Advisory Services offered through Stambaugh Ness Financial Strategies. Stambaugh Ness Financial Strategies and 1st Global Capital Corp. are unaffiliated entities.

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Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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Securities and advisory services offered through Geneos Wealth Management, Inc. Member FINRA/SIPC. Geneos Wealth Management, Inc is not affiliated with Stambaugh Ness.